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Cognac : beware the American stock exchange crisis
23 janvier 2008
Despite good results in 2007, cognac could suffer the consequences of two phenomena : the slowdown in shipments and the stock exchange crisis which originated in the United States, its leading market

2007 record year for cognac
22 janvier 2008
Sales of cognac set a new record in 2007 with 158 million bottles (+4.1% compared to 2006). Sales have shot up over by +6% in a year to 1.6 billion euros.

Cognac seeking to bounce back in France
21 janvier 2008
The BNIC wants to boost sales of cognac in France and is organizing numerous events. The most recent : the 1st International Cognac Summit being held this week, a rendezvous for mixologists.

Winegrowers in court
21 janvier 2008
Winegrowers from the Charente-Maritime are due to appear in court this week at Saintes for exceeding cognac quotas.

Pierre Coppéré becomes president of French spirits federation
18 janvier 2008
Pierre Coppéré has been elected as president of the French spirits confederation which brings together 750 brands with total sales of 5 billion euros. In particular he has worked for Pernod Ricard and was commercial director for Renault-Bisquit in the Charente.

Cognac sales fall
18 janvier 2008
Shipments of cognac fell by -21.7% in December 2007 compared to December 2006. Even so, North America progressed by +12.9% and Asia by +9% while Europe fell by 35.1% and the rest of the world fell by -36.4%.

Rémy-Martin lying in wait
18 janvier 2008
Rémy-Martin, the second largest cognac company, has sold 1.8 million cases (80% in exports). Its new communication department is now in place (P. Rousseau and C. Sarrot-Lecarpentier). There is to be a new marketing campaign for the Louis XIII cognac. Rémy-Cointreau, the parent company, has reported sales worth 630.8 million euros in the first 9 months of the 2007-2008 fiscal year. Yesterday the Rémy-Cointreau share price fell by 11.07% on the Stock Exchange to 38.73, a six-year low.

Ricard acquires Lillet aperitif
18 janvier 2008
The Pernod-Ricard group has acquired the Bordeaux aperitif Lillet (750,000 bottles and sales of 3.5 million euros) via its Ricard subsidiary. Pernod-Ricard has been distributing the brand for the last two years.

Russians in Cognac
14 janvier 2008
The Russian company Aroma (distribution of wine and spirits), run by Igor Komarov, is behind the takeover of A. de Fussigny so that it can obtain its supplies directly. At the same time Aroma has therefore terminated a contract with Ferrand cognacs (production of Nakhimov cognacs, Aroma hopes to increase its sales by 20%).

Export sales assistant for wines and spirits
14 janvier 2008
The ICF training center in Cognac and the Greta are launching a course for export sales assistants in wines and spirits (600 hours). Info. : 05.45.32.36.80

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